£243,638
This estimated value is based upon the latest sale price for the house of £108,000 on 10 Oct 2003. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
| Price Paid | Date |
|---|---|
| £108,000 | 10 Oct 2003 |
| £83,000 | 11 Oct 2002 |
| £57,000 | 27 Oct 2000 |
| £37,000 | 27 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 sq feet |
This model uses changes in the Official Land Registry House Price Index for LUTON to estimate the market value.
When this house was purchased in October 2003 the House Price Index for LUTON was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £108,000 results in an estimated price of approximately £243,638.
| 10 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £108,000 | £135,638 | £243,638 |
The Postcode Pricing Model uses changes in average sales price within the LU1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 149.645 % | £161,616 | £269,616 |
| 3 Month Average | 118.597 % | £128,084 | £236,084 |
| 6 Month Average | 110.872 % | £119,742 | £227,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2022 | £183,932 | £180,000 | 17 ST SAVIOURS CRESCENT |
| 8 Apr 2022 | £223,046 | £215,000 | 9 ST SAVIOURS CRESCENT |
| 31 Mar 2022 | £135,711 | £130,000 | FLAT 2 THE CONIFERS, 100 RUSSELL RISE |
| 31 Mar 2022 | £125,272 | £120,000 | FLAT 3 THE CONIFERS, 100 RUSSELL RISE |
| 31 Mar 2022 | £236,973 | £227,000 | 19 ST SAVIOURS CRESCENT |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 15 Sep 2020. Using an estimated price of £243,638 means this house is valued at £3,582 per sq meter (£332 per sq foot).
The average size of a house on RUSSELL RISE is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near St Saviours'S Crescent |
| Jul 2024 | Drugs | Under investigation | On or near St Saviours'S Crescent |
| Jul 2024 | Other crime | Under investigation | On or near St Saviours'S Crescent |
| Jun 2024 | Vehicle crime | Under investigation | On or near St Saviours'S Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Saviours'S Crescent |